Which procedure would be of most assistance to an auditor discovering a large credit sale that has erroneously been recorded twice? a. footing the sales journal. b. sending accounts receivable confirmations. c. tracing the total sales in the sales journal to the general ledger. d. observation of the physical inventory count at year-end.

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)